The global industrial centrifuge market is projected to reach USD 9.0 billion by 2025 from USD 7.2 billion in 2020, at a CAGR of 4.4% between 2020 and 2025. The increasing demand for centrifuges in process industries and the rising need for wastewater management solutions are the major factors driving the growth of this market. However, the high cost of centrifuges is expected to restrain the market growth during the forecast period.
The prominent players operating in the industrial centrifuge market include ANDRITZ AG (Austria), Alfa Laval Corporate AB (Sweden), GEA Group AG (Germany), Mitsubishi Kakoki Kaisha, Ltd. (Japan), Thomas Broadbent & Sons (UK), FLSmidth & Co. A/S (Denmark), Schlumberger Limited (US), Ferrum AG (Switzerland), Flottweg SE (Germany), SIEBTECHNIK TEMA (Germany), HEINKEL Drying & Separation Group (Germany), Gruppo Pieralisi - MAIP S.p.A. (Italy), SPX Flow Inc. (US), HAUS Centrifuge Technologies (Turkey), Elgin Separation Solutions (US), among others.. Players in this market focused on partnerships, collaborations, agreements, acquisitions, mergers, expansions, and product launches & approvals to expand their market presence between January 2017 and July 2020.
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ALFA LAVAL AB (SWEDEN)
Alfa Laval AB (Sweden) is the leading player in the decanter and separator centrifuge market. The company’s expertise, experience, and comprehensive capabilities in various industries and business functions, enables it to maintain its leading position in the market. The company has a wide global presence with operations in North America and Europe. The company focuses on achieving sustainable growth by enhancing its operating base and launching competitive technologies. In July 2019, Alfa Laval launched the ALDEC G3 VecFlow decanter for the industrial centrifuge market.
GEA GROUP AG (GERMANY)
GEA Group AG (Germany) has a robust portfolio of centrifugation equipment and a wide global presence. The company offers a broad range of industrial centrifuges that provide high separating and clarifying efficiencies and high throughput capacities with minimum operating costs. In order to strengthen its position in the market, the company aims to increase internal growth by strengthening its product portfolio.
ANDRITZ AG (AUSTRIA)
ANDRITZ AG (Austria) offers a broad range of centrifuge equipment for a large number of industrial applications. The company has a wide geographic presence across the Americas, Europe, the Middle East & Africa, and the Asia Pacific region. In order to strengthen its position in the market, the company aims to increase internal growth by strengthening its product portfolio.
Industrial Centrifuge Market by Type (Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User (Chemical, Power, Food, Wastewater, Pharmaceutical, Paper) and Region - Global Forecast To 2025
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